Cybersecurity threat

Aleanna Siacon Detroit Free Press Published 8:55 AM EDT Oct 24, 2018 The map looked like something out of “War Games,” the cult classic 1983 film about how a hacker looking for video games nearly starts a nuclear war. But this map was a snapshot of a different type of warfare: suspicious internet traffic that appears to be global cyberattacks. Dave Shippers, a cybersecurity expert and assistant professor at Walsh College in Troy, said most people look at the map and say, "Wow, is it really that bad?" "My comment is, it's actually worse," he said. The growing threat also is spawning a lucrative careers. According to the career website Indeed.com, the average salary for "entry level cyber security" ranges from approximately $60,944 per year for Compliance Officer to $107,525 per year for IT Security Specialist. From ransomware attackers to the numerous corporations that have fallen victim to malicious data breaches, cybersecurity is evolving into a … [Read more...] about Walsh College seeks to crank out cybersecurity gurus

Tenable Network Security Inc. has tapped the head of a Dell Technologies cybersecurity unit to serve as its chairman and CEO.Amit Yoran will take the helm at the fast-growing Columbia cybersecurity company Jan. 3. He replaces Tenable co-founder and CEO Ron Gula, who announced in June he was stepping down after 14 years.Yoran joins Tenable as the company looks to grow and expand internationally after securing a $230 million capital investment in late 2015."When we started Tenable, our goal was to build the best vulnerability management solution on the planet, and we're confident that Amit is the right choice to lead us on the next phase of our journey," said Renaud Deraison, also a Tenable co-founder and its chief technology officer, in a statement.Deraison and Tenable's third co-founder, President and Chief Operating Officer Jack Huffard, jointly led the company during the search for Gula's successor.Yoran most recently worked as president of RSA, a cybersecurity company that came … [Read more...] about Tenable Network Security taps head of Dell Technologies cybersecurity unit as CEO

Bandura Systems, a four-year-old cybersecurity firm based in Columbia and St. Louis, on Wednesday announced an initial round of funding of $3.5 million.Bandura helped pioneer the concept of “threat intelligence gateways,” systems that block threats to computer networks and improve the performance of existing firewalls. The funding will be used to help meet growing demand for the company’s product, PoliWall TIG, which the company says can block up to 90 percent of network and domain attacks and help stop data losses.Investors in the seed funding round include Blu Ventures, a venture capital company based in Tysons Corner, Va.; cybersecurity investment fund Gula Tech Adventures; the Maryland Technology Development Corp., or TEDCO; Prosper Women Entrepreneurs (PWE), a nonprofit that trains and mentors women entrepreneurs; Six Thirty, a global financial technology seed fund; SixThirty Cyber; and UMB Financial Corp., a financial services company.“The cybersecurity … [Read more...] about Columbia cybersecurity firm announces $3.5 million in funding

RedOwl, a Baltimore-based cybersecurity analytics startup, has been acquired by a Raytheon-owned firm in a deal that investors and business leaders say proves the region’s value as fertile ground for growing companies that can compete with the likes of Silicon Valley.Under the deal, RedOwl’s technology and staff of about 60 are being absorbed by Forcepoint, a company based in Austin, Texas, that specializes in content security and data protection.Financial terms of the deal were not disclosed.RedOwl CEO Guy Filippelli said the acquisition allows the company to bolster its offerings to customers and grow at a faster pace.Forcepoint plans to retain RedOwl’s Federal Hill office as a “center of excellence” in analytics and even expand operations there, thus bringing a company to Baltimore with about $566 million in revenue backed by one of the nation’s biggest defense contractors.“It’s really important that we prove there is a successful … [Read more...] about Baltimore’s RedOwl acquired by cybersecurity firm owned by Raytheon